{"id":88033,"date":"2024-09-03T08:39:54","date_gmt":"2024-09-03T08:39:54","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/plywood-prices-on-a-firming-trend\/"},"modified":"2025-09-19T09:02:41","modified_gmt":"2025-09-19T09:02:41","slug":"plywood-prices-on-a-firming-trend","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/plywood-prices-on-a-firming-trend\/","title":{"rendered":"Plywood prices on a firming trend"},"content":{"rendered":"<p>\u201cFar East and China FOB rates haven\u2019t changed a lot, but prices have of course been driven by the logistic costs,\u201d said an EU importer-distributor. \u201cFor Africa and South America logistic cost have remained more stable, but FOB rates increased throughout Q1and Q2 this year.\u201d<span id=\"more-36172\"><\/span><\/p>\n<p>A UK importer qualified this by saying that Brazilian plywood prices were still below their previous peak, kept down by cuts in the price for competing EU-made OSB which manufacturers have made to \u2018combat imports\u2019. Another European importer said their best performers so far this year have been \u2018Chinese commodity and high quality plywood\u2019, okoum\u00e9 plywood and eucalyptus plywood from South America.<\/p>\n<p>\u201cWe\u2019ve also sold some volumes of tropical hardwood plywood from Indonesia, and some marine plywood into the UK from Malaysia and Indonesia,\u201d they said. Another importer reported an increase in offers of rubberwood and acacia plywood from Malaysia and Indonesia.<\/p>\n<p>Following the UK and EU embargo on Russian and Belarusian timber and wood products, one UK importer said birch plywood of unknown provenance was coming into the market.<\/p>\n<p>\u201cWe can\u2019t comment on its true origins, but we hope it is being fully checked by the UK Office of Product Safety and Standards [which polices legality of timber imports],\u201d they said.<\/p>\n<p>Some importers say that the ban on Russian birch plywood in the EU is actually opening up opportunities.<\/p>\n<p>\u201cIt has had a positive effect on our business as we\u2019ve been able to replace birch with high quality film-faced plywood from China with better margins,\u201d said an EU importer.<\/p>\n<p>No major availability issues are being reported by importers. \u201cWe experienced some shortness in supply in Q1 2024 due to logistics issues from China and the rest of Southeast Asia, but overall, it\u2019s been sufficient to meet demand,\u201d said an EU importer.<\/p>\n<p>A continuing concern of the EU plywood sector is the EU Deforestation Regulation (EUDR), which comes into force at the end of 2024. It will require that companies which place timber and wood products from all origins on the EU market undertake due diligence to ensure their production is not implicated in deforestation or forest degradation.<\/p>\n<p>They will also have to provide geolocation coordinates for the origins of products.<\/p>\n<p>\u201cIt will create huge administrative burdens,\u201d said one importer. \u201cWe are working with a third party to ensure compliance, as we did under the previous EU Timber Regulation (EUTR), and we expect the cost of this to go up 40% to 50% under the EUDR compared to under the EUTR. We also think the EUDR may lead to some suppliers looking to alternative markets to the EU, including some Chinese suppliers. There have been calls from the EU timber sector for introduction of the Regulation to be delayed to give business a longer transition period, and we would support that.\u201d<\/p>\n<p>That prospects for 2025 are looking more promising seems to be the general view among European importers.<\/p>\n<p>\u201cWhile the rest of 2024 is looking unexciting, there are signs things will be better in 2025,\u201d said a UK importer. \u201cOnce construction picks up, as is predicted, everything will improve from there.\u201d<\/p>\n<p>\u201cIncreased prices as of Q2 into Q3 and Q4 this year will help us improve turnover and margins in 2024, and we have seen some increase in import volumes, although that may be the follow on from logistics issues for Far East and Chinese cargoes we saw earlier in the year,\u201d said an EU importer. \u201cIt remains to be seen how stocks will evolve in Q4. But we see further market improvement from Q2 2025 and for the second part of the year we are more optimistic.\u201d<\/p>","protected":false},"excerpt":{"rendered":"<p>\u201cFar East and China FOB rates haven\u2019t changed a lot, but prices have of course been driven by the logistic costs,\u201d said an EU importer-distributor. \u201cFor Africa and South America logistic cost have remained more stable, but FOB rates increased &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/plywood-prices-on-a-firming-trend\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":84730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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